Vertical Exploration Inc. announces it has granted a total of up to 4,275,000 stock options to directors, officers and consultants of the company, exercisable at a price of $0.15 per share for a period of two years from the date of grant. The options have been granted in accordance with the company's stock option plan. ABOUT VERTICAL EXPLORATION Vertical Exploration's mission is to identify, acquire, and advance high [...]
Vertical Exploration Inc. is pleased to report that the Company has now completed the final payment installment of the option agreement for its St-Onge Wollastonite property, located in the Lac-Saint-Jean area in the Province of Quebec. With the final payment having now been made to the vendor, Frederic Bergeron, the Company has successfully secured 100% ownership of the fully permitted St-Onge project. All of the claims [...]
Vertical Exploration Inc. is pleased to announce that further to its Press Releases dated May 4, 2021, July 14, 2021 & September 8, 2021 the Company has closed its non-brokered private placement. The Company issued 17,651,700 common share units at a price of $0.10 per Unit for aggregate gross proceeds of $1,765,170.00. Finder's fees of $70,056.00 were paid to arm's length parties. The shares and warrants comprising the [...]
Vertical Exploration Inc. is pleased to provide an update regarding its highly encouraging initial sales and marketing efforts for the Company's premium-quality St-Onge Wollastonite. Since receiving approval for its St-Onge quarry from the various Ministries' in the Government of Quebec in the past week, Vertical, through its distributor Wollammo Distribution Inc. , has already received initial test marketing orders of [...]
Vertical Exploration Inc. is very pleased to report that, through its operations partner Magnor Exploration Inc. , the Company has now received full quarry permitting approval from the Government of Quebec for its St-Onge Wollastonite project located in the Lac-Saint-Jean region of Quebec. Magnor has worked tirelessly with its team and consultants over the past 18 months to secure the Company's official quarry permits [...]
Vertical Exploration Inc. announces that further to news releases dated May 4, 2021 and July 14, 2021 the Company has extended its non-brokered private placement of to up to 20 million units at a price of $0.10 per unit for aggregate gross proceeds of $2,000,000.00 until October 8, 2021. Each unit will be comprised of one common share and one transferable Share purchase warrant of the Company . Each Warrant will entitle [...]
Vertical Exploration Inc. announces that it has amended the financing announced May 4, 2021. The Company has revised the non-brokered private placement to up to 20 million units at a price of $0.10 per unit for aggregate gross proceeds of $2,000,000.00 . Each unit will be comprised of one common share and one transferable Share purchase warrant of the Company . Each Warrant will entitle the Subscriber to purchase one [...]
Vertical Exploration Inc. announces that it has arranged a non-brokered private placement of up to 27 million shares at a price of $0.15 per share for aggregate gross proceeds of $4,050,000.00 . Proceeds raised from the Offering will be used to advance the Company's St. Onge project in Quebec, for general working capital and unallocated funds as per Tier 2 status requirements. Finders' fees may be payable on the private [...]
Vertical Exploration Inc. would like to provide an update regarding initial plans for the important research and development work to be conducted by AGRINOVA for the upcoming season using wollastonite from the Company's St-Onge deposit located near Lac-Saint-Jean, Quebec. AGRINOVA is a highly regarded Center for Research and Innovation in Agriculture in Quebec, which has been contracted by Vertical since 2018 to help [...]
Vertical Exploration Inc. would like to provide further information, as originally outlined in the Company's February 25th, 2021 news release, regarding how wollastonite can serve as a carbon sink and help reduce greenhouse gas emissions on agricultural land. The world agricultural fertilizer industry is on a continual evolution and treadmill - as population rises demand is placed on fertilizers to boost crop-yields even [...]
Vertical Exploration Inc. would like to refer to journaldemontreal.com, dated Wednesday, February 24, 2021 for the following article: A coalition of Canadian farmers is asking the federal government to invest $300 million to reduce greenhouse gas emissions that threaten the food supply of Canadians. The organization Farmers for the Climate Transition hopes with such federal funding to reduce agricultural emissions by 10 [...]
Vertical Exploration Inc. would like to provide an update regarding the positive results it has received from its 2020 Crop Year research and development program that was conducted by AGRINOVA using wollastonite from the Company's St-Onge deposit. All of the research and testing for the 2020 program was managed and monitored by AGRINOVA, a highly regarded Center for Research and Innovation in Agriculture in Quebec, in an [...]